Category: Forex

US Treasury yields slide as Hormuz reopening eases infl...

US Treasury yields fell across the curve on Wednesday after the reopening of the Strait of Hormuz, which eased inflationary pressu...

Micron serves up huge beat in fiscal Q3, shares surge a...

Micron Technology (MU) stock dashed higher in Wednesday's post-market as the leading memory-chip stock blew Wall Street projection...

Singapore Dollar: Downtrend targets 1.3000 against US D...

United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann keep a constructive stance on USD/SGD after five consecutive daily gai...

Chinese equities: Flows support buy-the-dip stance – BN...

BNY’s Geoff Yu notes that despite a bear market in the Hong Kong China Enterprises Index and 15–16% declines in Chinese equities t...

South Korea BOK Manufacturing BSI: 79 (July) vs previou...

South Korea BOK Manufacturing BSI: 79 (July) vs previous 80

Singapore Dollar: Pressured in strong USD environment –...

OCBC’s Sim Moh Siong and Christopher Wong note USD/SGD has drifted higher on broad US Dollar (USD) strength and softer risk sentim...

USD/CHF Price Forecast: Hits 11-month high above 0.8100

The USD/CHF extends its rally for the third straight day this week and refreshes year-to-date (YTD) highs, peaking at 0.8139, whic...

Japanese Yen sinks even after the BoJ hikes

USD/JPY spent Wednesday grinding higher again, which by rights should not be happening. The Bank of Japan (BoJ) raised its policy ...

British Pound Sterling's turnaround is dead on arrival

GBP/USD spent Wednesday confirming what the daily chart has signalled for a week, that the Pound's attempted recovery has run out ...

EUR/JPY Price Forecast: Tumbles below 100-day SMA, eyes...

The Euro retreated on Wednesday against the Japanese Yen, down 0.08% amid growing speculation that Japanese authorities may interv...

Natural gas: Lower TTF path but winter risks – Rabobank

Rabobank’s energy strategists Joe DeLaura and Florence Schmit cut TTF Natural Gas forecasts on easing supply risks from the Strait...

Euro drops below 1.1400 as hawkish Fed bets push the US...

The Euro (EUR) extends losses against the US Dollar (USD) on Tuesday, with EUR/USD slipping below the 1.1400 mark, a support level...